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Business, 12.03.2021 15:00 simojo

The balance in the supplies account before adjustment at the end of the year is $6,250. The proper adjusting entry if the amount of supplies on hand at the end of the year is $1,500 would be A. debit Supplies, $1,500; credit Supplies Expense, $1,500 B. debit Supplies Expense, $4,750; credit Supplies, $4,750 C. debit Supplies Expense, $1,500; credit Supplies, $1,500 D. debit Supplies, $4,750; credit Supplies Expense, $4,750

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